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Entrepreneurship 101

This summer I helped my daughter London, and her cousin Raio learn a few basics about starting a business. We had FOUR lemons in the house, so decided to turn lemons ... into cash. How? 

(Pre) Sales:

🍋 Have a vision 

🍋 Find motivation

🍋 Get in action (preferably with a friend, or team)

🍋 Create a QUALITY product (in this case, FRESH / organic lemonade)

🍋 Whenever possible, use materials you already own

💛 Always make it with LOVE 💛

(During) Sales:

🍋 Find a good location 

🍋 Work on marketing (they made signs)

🍋 Present a friendly attitude to customers

🍋 Ensure a smooth experience    

🍋 Have a way to collect money (we used Venmo)

Then, London and Raio SOLD to pedestrians passing by the house!

  • 3 cups for $6, within the first 15 minutes
  • Then, 1 cup (for $10!) within the next 15 minutes

 

(Post) Sales:

🍋 Get feedback & make observations for improvement  

🍋 Decide what to do with the money ...  

1. Spend it? 🤔

2. Save it? 🤔

3. Donate it? 🤔

4. Invest it? 🤔

🍋🍋🍋🍋🍋🍋🍋🍋🍋🍋🍋🍋🍋🍋

They decided to RE-invest in a "new product line" ... COOKIES! 

🍪 🍪 🍪 🍪 🍪 🍪🍪 🍪 🍪 🍪 🍪 🍪

Want to start YOUR own venture online? Learn How 

 

 

 ps. This project was inspired by Daymond John's children book -

"Little Daymond Learns To Earn" 

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